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Thailand To Lead In EV Battery Manufacturing And Assembly

Thailand To Lead In EV Battery Manufacturing And Assembly

Thailand’s assembly and output of Electric Vehicle (EV) batteries are predicted to reach 430,000 units by 2023, according to Kasikorn Research Center (K-Research). As such, Thailand will be responsible for three percent of global EV battery production by 2023 and will be placed top four in Asia. Moreover, sales of the three types of EVs—hybrids, plug in hybrids and battery EVs in Thailand will account for 25 percent of the total car market.

The research centre said, “The EV market is expected to increase significantly from 2019 as many car manufacturers have applied for the Board of Investment’s (BoI) incentives to localise EV assembly.”

With implementation of the government’s EV scheme to focus on hybrid and plug-in hybrid EVs, investment flow for EV battery assembly will follow. Furthermore, car manufacturers successfully granted the BoI incentives are required to carry out their plans within three years, by 2021. The assembly of battery EV’s depend on the coverage of EV charging stations, while hybrid EVs may extend into eco-hybrid cars. Sales of hybrid EVs will see significant increase since they have already been available. Car manufacturers like Toyota and Mercedes-Benz will be localising battery assembly, which will drive assembly manufacturing for EV batteries.

Thailand will be a hub for EV battery exports. 260,000 units of the 430,000 total battery output by 2023 will be supplied to the domestic market, while 40 percent or 170,000 batteries will be exported. Battery EVs will mainly be delivered to Japan, Oceania, Singapore and Malaysia due to rising income growth and government’s support for EV facilities. Furthermore, with the Japan-Thailand Economic Partnership Agreement, Thailand is set to become the original equipment manufacturer EV battery hub for Japanese car manufacturers.

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ABB Wins ASEAN Energy Award For Electric Mobility Project In Malaysia

ABB Wins ASEAN Energy Award For Electric Mobility Project In Malaysia

ABB has won an ASEAN Energy Award for the installation of the first-of-its-kind public EV charging station, supporting the Malaysian government’s efforts to accelerate a wider adoption of electric mobility.

ABB`s Terra 53 fast charging station, located in Subang Jaya, Malaysia, reduces the typical charging time from two hours, when using conventional public AC chargers, to around 15 minutes for electric vehicles with storage capacities of approximately 24kWh. The station also utilises electricity generated by a rooftop solar installation at the ABB facility, providing a 100 percent carbon neutral mobility solution. Thus, reflecting the company’s commitment to strengthening the country’s EV ecosystem and to reducing carbon emissions.

ASEAN Secretary General Lim Jock Hoi, presented the award to ABB at the 36th ASEAN Ministers on Energy Meeting, (AMEM) Official Dinner held in Singapore, on October 29, 2018.

Malaysia targets to deploy 100,000 electric cars, 2,000 electric buses and 125,000 charging stations by 2030. The expansion is in line with efforts to reduce dependence on fossil fuel in the transportation sector and to drive down carbon emissions by 45 percent by 2030 in compliance with the Paris climate accord.

“The opportunity for sustainable mobility is immense,” said Frank Muehlon, Managing Director for electric vehicle charging infrastructure at ABB. “Every day, new smarter mobility alternatives are challenging conventional vehicles and the use of fossil fuels. The award recognizes our efforts to take our technology leadership to the next level to find new solutions to catalyse this shift in Malaysia and across the fast developing ASEAN region, whether in cars and buses, trains or ships.”

ABB installed the Terra 53 fast charger last year at its premises in Subang Jaya outside of Kuala Lumpur. It is available daily to EV drivers at zero cost as a ‘drive-thru’ convenience, instead of the traditional approach of using parking bays.

Over 8,000 fast chargers, including high power chargers up to 350 kW, have been installed by ABB across 68 countries, more chargers than any other manufacturer. In addition to Malaysia, the chargers can be found in the region in Singapore, Thailand, Indonesia and the Philippines.

Fortune Magazine recently ranked ABB  as number eight on its list of companies that are “changing the world”. This is in recognition of the advances that the company has made in e-mobility and EV charging.

ABB received the award as a special submission under the renewable energy category and was amongst over 60 other recipients. The winners were selected based on their projects, which involved innovation or best practices in the field of renewable energy research, development, demonstration, and commercialisation. Special focus was given to projects that were relevant to ASEAN Member States in terms of regional interests and cooperation on sustainable energy.

The ASEAN Centre for Energy is an intergovernmental organization established by Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.

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